March 2013 archive

This won’t be FP material everywhere, but it’s the truth. That is, unless one just hasn’t paid attention to the events and Congressional deals facilitated by this administration in response to said events that led up to the sequester. If one did pay attention, this conclusion is undeniable. The sequester was basically an invention of Gene Sperling and Jack Lew.

In case we all need a refresher, Gene Sperling was and still is the Director of the National Economic Council under President Barack Obama. In case the denial is too thick with regard to Jack Lew, Jack Lew was head of Obama’s Office of Management and Budget when the first grand betrayal was written only to be fall apart by John Boehner’s doing in 2011. For that, and his time on Wall St helping Citigroup as OCC crash our economy while denying that deregulation was a problem, he is insultingly being rewarded with a post as our next Treasury Secretary.

These are the people that were hired by and work in the Obama administration that wrote the damn Sequester! It’s pretty hard to deny, but some will try.

This was during the debt ceiling debacle many of us warned about but were ignored in favor of 11th dimensional chess. In reality, this is a vile violent rigged chess game that makes seniors starve to death through lack of meals on wheels. This form of deficit terrorism also threatens many of my friends and their relatives through layoffs and furloughs while slowing all essential government operations down.

Ships to sail directly over the north pole by 2050, scientists say

John Vidal, The Guardian

Monday 4 March 2013 15.00 EST

(B)y 2050, say Laurence C. Smith and Scott R. Stephenson at the University of California in the journal PNAS on Monday, ordinary vessels should be able to travel easily along the northern sea route, and moderately ice-strengthened ships should be able to take the shortest possible route between the Pacific and Atlantic Oceans, passing over the pole itself. The easiest time would be in September, when annual sea ice cover in the Arctic Ocean is at its lowest extent.

…

“The prospect of common open water ships, which comprise the vast majority of the global fleet, entering the Arctic Ocean in late summer, and even its remote central basin by moderately ice-strengthened vessels heightens the urgency for a mandatory International Maritime Organisation regulatory framework to ensure adequate environmental protections, vessel safety standards, and search-and-rescue capability,” it adds.

A Stealth Tax Subsidy for Business Faces New Scrutiny

By MARY WILLIAMS WALSH and LOUISE STORY, The New York Times

Published: March 4, 2013

(T)he ability to finance a variety of business projects cheaply with bonds that are exempt from federal taxes – has not only endured, it has grown, in what amounts to a stealth subsidy for private enterprise.

…

In all, more than $65 billion of these bonds have been issued by state and local governments on behalf of corporations since 2003, according to an analysis of Bloomberg bond data by The New York Times. During that period, the single biggest beneficiary of such securities was the Chevron Corporation, which issued bonds with a total face value of $2.6 billion, the analysis showed. Last year it reported a profit of $26 billion.

…

In 2005, Congress created a similar program to spur rebuilding in areas of Louisiana, Alabama and Mississippi that were ravaged by Hurricane Katrina. The Times’s data shows that much of the bond proceeds went to the oil and gas industry, or to showcase projects like hotels or the Superdome. In 2008, Congress passed the Heartland Disaster Tax Relief Act, a bond program to help 10 Midwestern states hit by flooding and tornadoes. The goal was to help businesses rebuild their destroyed property. But by the time the program was set to expire at the end of last year, the criteria had been expanded to include new businesses.

One of those businesses was Orascom Construction Industries of Egypt, which raised $1.2 billion of tax-exempt bonds to build a fertilizer plant in Iowa. Another was the Fatima Group of Pakistan. In December, a Fatima subsidiary raised $1.3 billion, tax-exempt, to build a fertilizer plant in Mount Vernon, Ind.

But weeks later, Indiana received alarming news: Pentagon officials said that fertilizer from Fatima’s operations in Pakistan had been turning up in Afghanistan, in homemade bombs used against American troops.

Not here obviously.

Afghan Court Convicts 21 in Kabul Bank Scandal

By MATTHEW ROSENBERG and AZAM AHMED, The New York Times

Published: March 5, 2013

In total, 21 defendants were found guilty on Tuesday of crimes for their roles in the failure of the bank, which investigators have described as little more than a Ponzi scheme.

Its main function was to funnel depositors’ money to its own shareholders and their cronies, and its owners masked their theft for years by creating fictitious companies, phony books and even smuggling cash out of the country in the food trays of a commercial airliner they owned.

…

According to Afghan and Western investigators, the regulators were actively deceived by the bank’s owners, who kept double books and engaged in other ploys to cover up their deceit. The owners even created fictitious companies, including fake letterheads and rubber stamps to leave a paper trail that would appear legitimate. The Karzai administration also stymied the regulators’ work, the investigators said before Tuesday’s verdicts. They had characterized the prosecutions as an effort to seek retribution.

…

Once celebrated by American and Afghan officials as a cornerstone of the Western project to rebuild Afghanistan, Kabul Bank was taken over by regulators in August 2010 after becoming perilously insolvent. At the time, 92 percent of its loan portfolio – $861 million, or about 5 percent of Afghanistan’s annual economic output at the time – had gone to 19 people or companies, according to a forensic audit by Kroll Associates, an international investigative firm.

All were part of a clique that was tied to Mr. Karzai’s government. Bailing out the bank cost the financially struggling Afghan government roughly $825 million, a sum that at that time represented most of the government’s annual revenues. Estimates of how much has been recovered from those who received loans vary from $200 million to $400 million, Afghan and Western officials have said.

Critics say Afghan court was lenient in bank corruption case

By Shashank Bengali, Los Angeles Times

March 5, 2013, 7:19 a.m.

The case was a major test for Afghanistan’s justice system, which had never before tried such a massive fraud case, or one that implicated powerful men with ties to President Hamid Karzai and other top officials – and critics judged the results to be disappointing. They noted that the three-judge panel convicted Farnood and Ferozi on a lesser charge of breach of trust, which carries a lighter sentence and didn’t include an order to confiscate millions from the disgraced executives’ offshore bank accounts.

Prosecutors had sought convictions for money laundering, embezzlement and other more serious crimes, which would have faciliated recovery of the stolen funds and together could have carried a maximum jail sentence of 20 years.

…

Executives and top shareholders looted the private Kabul Bank of $935 million – including some squirreled out of the country in food trays of a now-defunct airline – sparking one of the largest bank failures ever. The theft amounted to some 6% of Afghanistan’s gross domestic product, financed shopping sprees and overseas villas for leading shareholders while leaving ordinary account holders broke, and dealt a huge blow to international confidence in the country’s fledgling public institutions.

Untouchability is the social-religious practice of ostracizing a minority group by segregating them from the mainstream by social custom or legal mandate. The excluded group could be one that did not accept the norms of the excluding group and historically included foreigners, house workers, nomadic tribes, law-breakers and criminals and those suffering from a contagious disease such as leprosy. This exclusion was a method of punishing law-breakers and also protected traditional societies against contagion from strangers and the infected. A member of the excluded group is known as an Untouchable.

Fallout from ‘Untouchables’ Documentary: Another Wall Street Whistleblower Gets Reamed

Matt Taibbi, Rolling Stone

POSTED: March 4, 2:31 PM ET

A great many people around the county were rightfully shocked and horrified by the recent excellent and hard-hitting PBS documentary, The Untouchables, which looked at the problem of high-ranking Wall Street crooks going unpunished in the wake of the financial crisis. The PBS piece certainly rattled some cages, particularly in Washington, in a way that few media efforts succeed in doing.

…

There are people out there still willing to argue that the government somehow “forced the banks to lend” to unworthy applicants. In reality, it was unscrupulous companies like Countrywide that were cranking out loans en masse, knowing that these loans would be unloaded down the line, first to banks and then to sucker investors like pension funds and foreign trade unions, almost as soon as they were created.

Winston was a witness to all of this. Eventually, he would be asked by the firm to present false information to the Moody’s ratings agency, which was about to give Countrywide a negative rating because of some trouble the company was having in working a smooth succession from one set of company leaders to another.

When Winston refused, he was essentially stripped of his normal responsibilities and had his corporate budget slashed. When Bank of America took over the company, Winston’s job was terminated. He sued, and in one of the few positive outcomes for any white-collar whistleblower anywhere in the post-financial-crisis universe, won a $3.8 million wrongful termination suit against Bank of America last February.

Well, just weeks after the PBS documentary aired, the Court of Appeals in the state of California suddenly took an interest in Winston’s case. Normally, a court of appeals can only overturn a jury verdict in a case like this if there is a legal error. It’s not supposed to relitigate the factual evidence.

Yet this is exactly what happened: The court decided that the evidence that Winston was wrongfully terminated was insufficient, and then from there determined that the “legal error” in the original Winston suit against Bank of America and Countrywide was that the judge in the case failed to throw out the jury’s verdict.

…

A number of people in positions of power wanted to know just what “experts” people like Breuer had consulted with before deciding not to press charges in certain cases. Iowa Republican Senator Chuck Grassley and Ohio Democrat Sherrod Brown, specifically, sent Attorney General Eric Holder a letter asking a number of questions.

Among other things, the two Senators wanted to know if certain companies had been designated “Too Big to Jail.”

…

Well, at the end of last week, on February 27th, the Department of Justice sent Brown and Grassley a letter in return. The letter is, to describe it very generously, not terribly informative.

…

On those questions, the DOJ would say only that “it is entirely appropriate for prosecutors to hear from subject matter experts at relevant regulatory authorities”.

…

That is one hell of a slippery piece of language. It’s great that the Department of Justice is not paying, say, HSBC to consult with them on the question of whether or not HSBC should be prosecuted. What a relief! But that doesn’t mean they’re not paying someone else for that kind of advice.

The DOJ similarly blew off naming any individual experts and they refused absolutely to turn over information about any compensation they may have paid out to whomever it is who is whispering in their prosecutorial ears.

…

The Department of Justice is now saying that it misunderstood the two Senators, that it didn’t know that they were asking for the actual names of those experts. Moreover, the Department claims it is working on answers to those queries.

In the meantime, Eric Holder is appearing before the Judiciary Committee this Wednesday, and it will be interesting to see how he handles questioning from Senator Grassley. It may get ugly before the answers actually come out, but it seems that someone is finally determined to get some real information.

This is your morning Open Thread. Pour your favorite beverage and review the past and comment on the future.

Find the past “On This Day in History” here.

March 6 is the 65th day of the year (66th in leap years) in the Gregorian calendar. There are 300 days remaining until the end of the year.

On this day in 1857, the US Supreme Court hands down its decision on Sanford v. Dred Scott, a case that intensified national divisions over the issue of slavery.

Dred Scott v. Sandford, 60 U.S. 393 (1857), was a ruling by the U.S. Supreme Court that people of African descent imported into the United States and held as slaves (or their descendants, whether or not they were slaves) were not protected by the Constitution and could never be U.S. citizens. The court also held that the U.S. Congress had no authority to prohibit slavery in federal territories and that, because slaves were not citizens, they could not sue in court. Furthermore, the Court ruled that slaves, as chattels or private property, could not be taken away from their owners without due process. The Supreme Court’s decision was written by Chief Justice Roger B. Taney.

Although the Supreme Court has never overruled the Dred Scott case, the Court stated in the Slaughter-House Cases of 1873 that at least one part of it had already been overruled by the Fourteenth Amendment in 1868:

   The first observation we have to make on this clause is, that it puts at rest both the questions which we stated to have been the subject of differences of opinion. It declares that persons may be citizens of the United States without regard to their citizenship of a particular State, and it overturns the Dred Scott decision by making all persons born within the United States and subject to its jurisdiction citizens of the United States.

The Decision

The Supreme Court ruling was handed down on March 6, 1857, just two days after Buchanan’s inauguration. Chief Justice Taney delivered the opinion of the Court, with each of the concurring and dissenting Justices filing separate opinions. In total, six Justices agreed with the ruling; Samuel Nelson concurred with the ruling but not its reasoning, and Benjamin R. Curtis and John McLean dissented. The court misspelled Sanford’s name in the decision.

Opinion of the Court

The Court first had to decide whether it had jurisdiction. Article III, Section 2, Clause 1 of the U.S. Constitution provides that “the judicial Power shall extend… to Controversies… between Citizens of different States….” The Court held that Scott was not a “citizen of a state” within the meaning of the United States Constitution, as that term was understood at the time the Constitution was adopted, and therefore not able to bring suit in federal court. Furthermore, whether a person is a citizen of a state, for Article III purposes, was a question to be decided by the federal courts irrespective of any state’s definition of “citizen” under its own law.

Thus, whether Missouri recognized Scott as a citizen was irrelevant. Taney summed up,

   Consequently, no State, since the adoption of the Constitution, can by naturalizing an alien invest him with the rights and privileges secured to a citizen of a State under the Federal Government, although, so far as the State alone was concerned, he would undoubtedly be entitled to the rights of a citizen, and clothed with all the rights and immunities which the Constitution and laws of the State attached to that character.

This meant that

   no State can, by any act or law of its own, passed since the adoption of the Constitution, introduce a new member into the political community created by the Constitution of the United States.

The only relevant question, therefore, was whether, at the time the Constitution was ratified, Scott could have been considered a citizen of any state within the meaning of Article III. According to the Court, the authors of the Constitution had viewed all blacks as

   beings of an inferior order, and altogether unfit to associate with the white race, either in social or political relations, and so far inferior that they had no rights which the white man was bound to respect.

The Court also presented a parade of horribles argument as to the feared results of granting Mr. Scott’s petition:

   It would give to persons of the negro race, …the right to enter every other State whenever they pleased, …the full liberty of speech in public and in private upon all subjects upon which its own citizens might speak; to hold public meetings upon political affairs, and to keep and carry arms wherever they went.

Scott was not a citizen of Missouri, and the federal courts therefore lacked jurisdiction to hear the dispute.

Despite the conclusion that the Court lacked jurisdiction, however, it went on to hold (in what Republicans would label its “obiter dictum”) that Scott was not a free man, even though he had resided for a time in Minnesota (then called the Wisconsin Territory). The Court held that the provisions of the Missouri Compromise declaring it to be free territory were beyond Congress’s power to enact. The Court rested its decision on the grounds that Congress’s power to acquire territories and create governments within those territories was limited. They held that the Fifth Amendment barred any law that would deprive a slaveholder of his property, such as his slaves, because he had brought them into a free territory. The Court went on to state – although the issue was not before the Court – that the territorial legislatures had no power to ban slavery. The ruling also asserted that neither slaves “nor their descendants, were embraced in any of the other provisions of the Constitution” that protected non-citizens.

This was only the second time in United States history that the Supreme Court had found an act of Congress to be unconstitutional. (The first time was 54 years earlier in Marbury v. Madison).

I’m not a fan of Rand Paul, the Tea Party backed Republican Senator from Kentucky but I have to give him credit for pushing for an answer to his question “whether the president has the power to authorize lethal force, such as a drone strike, against a US citizen on US soil.” Sen. Paul sent three letters to CIA director nominee John Brennan and finally got his answer from Brennan and from Attorney General Eric Holder. The answer, in so many words, yes, he can and on American soil without due process.

Click on image to enlarge

The Obama administration has asserted that it believes that “under an extraordinary circumstance,” it has the power to assassinate an American citizen on American soil using lethal force.

…It is possible, I suppose, to imagine an extraordinary circumstance in which it would be necessary and appropriate under the Constitution and applicable laws of the United States for the President to authorize the military to use lethal force within the territory of the United States. For example, the President could conceivably have no choice but to authorize the military to use such force if necessary to protect the homeland in the circumstances of a catastrophic attack like the ones suffered on December 7, 1941, and September 11, 2001…

Sen. Paul was appalled at Mr. Holder’s response,  “The U.S. Attorney General’s refusal to rule out the possibility of drone strikes on American citizens and on American soil is more than frightening – it is an affront the Constitutional due process rights of all Americans.”

At FDL’s The Dissenter, Kevin Gosztola had his observation about the letter:

Though Holder noted the country’s “long history of using the criminal justice system to incapacitate individuals located” in America “who pose a threat to the United States” and he contended “the use of military force” would be rejected “where well-established law enforcement authorities in the country provide the best means for incapacitating the terrorist threat,” the mere fact that his answer was a yes is outrageous. However, it fits the framework for fighting a permanent global “War on Terrorism” without any geographical limitations, which the Obama administration has maintained it has the authority to wage.

Guardian writer Glenn Greenwald, speaking at the Freedom to Connect conference, said today, “There is a theoretical framework being built that posits that the US Government has unlimited power, when it comes to any kind of threats it perceives, to take whatever action against them that it wants without any constraints or limitations of any kind.”

Paul had to send three letters to Brennan and the question had to be raised by someone in a Google+ chat with the president before the Obama administration would give something resembling an appropriate answer because, as Greenwald suggested saying “yes” would “illustrate the real radicalism that the government has embraced in terms of how it uses its own power.” If they said “no,” it would “jeopardize this critical theoretical foundation that they very carefully have constructed that says there are no cognizable constraints on how US government power can be asserted.”

As it turns out, Holder, the Justice Department and the wider Obama administration opted to not jeopardize the framework.

What Charles Pierce said

This is that into which we have rendered ourselves. As a democracy, we now debate only what kind of monsters we may decide we have to be.

Popular Venezuelan President Hugo Chavez succumbed to cancer today in a hospital in Caracas ending his 14 years as the leader of the oil rich South American country.

The flamboyant 58-year-old had undergone four operations in Cuba for a cancer that was first detected in his pelvic region in mid-2011. His last surgery was on December 11 and he had not been seen in public since. [..]

Chavez easily won a new six-year term at an election in October and his death will devastate millions of supporters who adored his charismatic style, anti-U.S. rhetoric and oil-financed policies that brought subsidized food and free health clinics to long-neglected slums.

Pres. Chavez was certainly controversial but it was through his economic and social policies that Venezuela reduced the poverty level from a low of 55.44% in 1998 to 26 percent at the end of 2008. Extreme poverty fell by 72%. He increased access to health care and education. In 2003, he made food security a priority by opening a nation wide chain of supermarkets and setting price ceilings for basic staple foods.

Pres. Chavez’ human rights record was somewhat mixed:

In the 1999 Venezuelan constitution, 116 of 300 articles were concerned with human rights; these included increased protections for indigenous peoples and women, and established the rights of the public to education, housing, healthcare, and food. It called for dramatic democratic reforms such as ability to recall politicians from office by popular referendum, increased requirements for government transparency, and numerous other requirements to increase localized, participatory democracy, in favor of centralized administration. It gave citizens the right to timely and impartial information, community access to media, and a right to participate in acts of civil disobedience.

However, as recently as 2010, Amnesty International has criticized the Chávez administration for targeting critics following several politically motivated arrests. Freedom House lists Venezuela as being “partly free” in its 2011 Freedom in the World annual report, noting a recent decline in civil liberties. A 2010 Organization of American States report found concerns with freedom of expression, human rights abuses, authoritarianism, press freedom, threats to democracy, as well as erosion of separation of powers, the economic infrastructure and ability of the president to appoint judges to federal courts.

Born Hugo Rafael Chávez Frías into a working-class family in Sabaneta, Barinas, he is survived by two ex-wives, Nancy Colmenares and Marisabel Rodríguez, and four children – Hugo Rafael, María Gabriela and Rosa Virginia by his first wife and Rosinés by his second.

Blessed Be. The Wheel Turns

“Punting the Pundits” is an Open Thread. It is a selection of editorials and opinions from around the news medium and the internet blogs. The intent is to provide a forum for your reactions and opinions, not just to the opinions presented, but to what ever you find important.

Thanks to ek hornbeck, click on the link and you can access all the past “Punting the Pundits”.

Follow us on Twitter @StarsHollowGzt

Robert Kuttner: Economy Sick, Politics Deadlocked? How About a Trade Deal!?

The economy faces a persistent budget crisis.

Pushback from Wall Street has gutted most of the banking reforms, unemployment is stuck around 8 percent, corporate profits have been soaring while there is no wage growth — and the newest White House proposal is… a free trade zone with Europe.

This idea of a Trans-Atlantic Free Trade Area was tossed in, reportedly at the last moment, to President Obama’s State of the Union, and is being promoted in the government’s latest report on trade.

You don’t know whether to laugh or cry. This is a classic case of changing the subject to a cause that will not address any of the economy’s deeper ills and could well worsen them.

Dean Baker: The Sequester Is President Obama’s Fault

Now that we are counting up the days of the sequester instead of counting down, it would be a good time to cast blame. And my candidate is President Obama.

I’m not blaming Obama for the reasons that Bob Woodward came up with in his fantasyland. I am blaming President Obama and his administration for trying to be cute and clever rather than telling the public the truth about the economic crisis. The result is that the vast majority of the public, and virtually all of the reporters and pundits who deal with budget issues, does not have any clue about where the deficit came from and why it is a virtue rather than a problem. [..]

But it was President Obama who decided to play deficit reduction games rather than being truthful about the state of the economy. There was no reason to expect better from the Republicans in Congress, we had reason to hope that President Obama would act responsibly.

Strengthen – example 1.)  

As a seventh grader, Victor Alcantara towered over his peers. Already six feet tall and a substantial 190 pounds, Victor was well prepared by nature for what gave him the greatest pleasure – being a thug.  Victor was not driven by circumstances into his chosen career field. He had an unremarkable but perfectly serviceable intellect.  

His father was a University professor and his mother was a lawyer.  That Victor lacked their passion for academic acheivement was something of an irritant to them as were the frequent calls from school administrators and the irate parents of Victor’s victims.

Victor had wisely chosen to form a strategic partnership with the next largest boy in seventh grade, Mark Ballis, who had been held back a couple of times  making him the oldest seventh grader in the entire school system.  Mark was neither tremendously bright nor capable, but generally not a bad sort of kid and Victor had decided that he needed something of a life remake.  As part of Victor’s remake, he had renamed him, “Spike” and had had spent considerable effort on tutoring him as to how to comport himself with a certain thuggish silence and an attitude of cool equanimity.  Spike became a perfect henchman.

Victor and Spike, while often scheming greater exploits mostly engaged in classic bullying, shaking down kids in the halls and at recess for their lunch money.  Victor’s instincts led him to choose the social misfits, the nerds and the fat kids as his victims, steering clear of the popular kids.  

One day, Victor and Spike had cornered a recently arrived fat kid on the playground.  Victor got close up to the kid so that he had to look up at him at a sharp angle and pressed his demand.  “You kind of bother me looking like that, I think that you should give my associate here Spike your lunch money.”

Normally, the implied threat of violence and the innate desire to flee caused most kids to hurriedly comply with Victor’s demands, but this kid did not seem to be in any hurry to comply.  Victor leaned closer as the kid asked him, “What do you need it for?”

Nobody had ever asked Victor a question that went to the purpose of his enterprize before and he didn’t have a quick answer ready.  His brain raced as he stalled for time.  He fixed his portly interlocutor with an angry stare, the kind he had practiced in the mirror hundreds of times, but the kid just stood there, relaxed and expectant.

Then, from somewhere, Victor knew not where, the words came to him and he delivered them with a patient, but subtly insistent tone.  “This isn’t about our needs.  This is about you.  You need to lose some weight and toughen up a bit.  We will strengthen your ability to help yourself by removing one of the causes of your problem.  Now, are you going to hand over the money or do we have to work harder to strengthen you?”

Victor, now an old man sitting in his favorite chair, reflected that this was the turning point in his life where he transitioned from being a mere thug to becoming a politician.

Strengthen – example 2.)  

Victor sped into the Gas and Go on Bynum Road. He hopped out of his gaudy Hummer with enormous graphics that read, “Alcantara – County Executive” adorning all visible sides and the hood.  Heading straight for the office, he bellowed out to the man behind the counter, “Johnson, I need to talk to you now!”  

Walter “Butch” Johnson closed the cash register, signalled to the pimply faced kid dispensing a hot dog to a customer to take over and shuffled into his office.  Victor was seated behind the desk looking around at Butch’s family pictures on the left by the stapler and the calculator.  “Sit down Butch,” Victor said.

Victor Alcantara, now in his 30’s was the owner of a chain of gas station convenience stores and had recently been elected County Executive.  Victor now needed to scrape up some money to purchase a sand and gravel pit.  All of the pieces were in place.  He had installed Mark “Spike” Ballis as the County’s head of Public Works who would approve the contract with the County for sand and gravel and then the taxpayers could contribute directly to his success.  Now all he needed was a bit more capital to swing the deal.

“Butch,” he started, “I really appreciate the hard work you’ve been doing here, doing without an assistant manager, working double shifts and keeping down the costs of hiring kids to work the store in these tough times.”  Butch nodded and wondered when the pain would come.  “So I’ve been trying to find a way to reward your efforts.  I wanted to be able to tell you that we’d finally be able to give you and all of the managers a raise, but, the money’s just not there for that.”  Victor paused and gave Butch the compassionate look that he’d been working on in the mirror and had deployed repeatedly at events while campaigning for office.  Seeing the look, Butch thought to himself, oh damn, here it comes now.

Victor launched back in to his spiel, “So I thought, I don’t have the money,

because times are tough.  Let me tell you, though your store is a consistent performer, Butch, there have been a number of times I’ve thought that maybe I’d have to shut down a few stores.  So I thought,  what other sort of thing can I do for my people?  Then I got to thinking about you, Butch.  You’ve got a family and what you need is security.  The security that comes from knowing that the company you work for is strong and can continue to keep you employed.”

Victor suddenly got to the heart of his pitch. “So, I’ve decided to strengthen you by strengthening the company, Butch.  From today forward, everybody’s pay will be cut back to minimum wage.  Your paycheck won’t need to go down, you can keep on working all of the hours that you want, Butch, and the company can afford to keep paying you and everyone else.  So, that’s what I am working to give everybody here, a strengthened company and strengthened employees.  That security should really help you, Butch, now that your third child is on its way, right?”  Butch nodded his head while still in the process of making some mental calculations as to how the hell he was going to keep his family afloat while Victor sprang to his feet, slapped Butch on the back as he worked his way out the door and thought to himself, “one down, 27 to go.”

Strengthen – example 3.)

Victor sat in the den surrounded by mementoes of his long political career.  His eyes scanned over the walls covered with pictures of himself with presidents and other congressmen. There were assorted awards and trophies imparted by a mixture of lobbyists, corporations and organizations, pictures of himself on the podium at the Republican National Convention, CPAC, playing tennis at Kennebunkport.  His eyes fell on the picture given pride of place in the room that had hung in his congressional office for years.  It was a picture taken when he visited an industrial hog farm many years ago. It showed him and the farmer in the foreground, and as far as the eye could see were pigs, tightly penned in row after row of cages with mounds of food in front of them and a conveyor belt behind them to take away their poop.  The picture had become for Victor a visual metaphor for his constituents and the public in general.

Victor looked down and began to read aloud from an article on his laptop:

Congressional Democrats, led by House Minority Leader Nancy Pelosi (Calif.), signaled greater willingness on Wednesday to cut Social Security benefits … Pelosi told reporters on Capitol Hill that a cut proposed by President Barack Obama in the fiscal cliff negotiations would in fact

“strengthen” the program, echoing the claims often made by Republicans about entitlement programs they want to slash. …

The cut involves swapping out the traditional method for calculating cost of living increases, based on the current standard for measuring inflation, for something called a chained CPI, or chained Consumer Price Index.

The cuts would start small, but wind up costing beneficiaries thousands of dollars over time … Pelosi wrapped both her arms around it Wednesday, insisting she does not regard it as a “cut.”

Victor stared at his laptop in disbelief for a moment and then erupted, “Goddamn, I can’t stand that Obama, but I have to admit, the man has cojones!  Strengthening Social Security my ass!  If I had proposed a scam like that in my day, they would have relegated my ass to the “crazy uncle” wing of the party!  That son-of-a-bitch is sending ’em off to the slaughterhouse and they still think he’s just the nice farmer that gives them all that damned food!”

Victor emitted a gutteral cackle startling his trophy wife’s cat who was yet again demonstrating his feelings for Victor by peeing on his rug for the umpteenth time.